Musk said he plans to continue as CEO of Tesla (TSLA. O).
Elon Musk, Tesla's chief executive, has expressed concern that government overreach could have a negative impact on the system by causing regulators to outnumber participants. Mr. Musk acknowledged the need for regulators but stressed that they should not outnumber participants. He reiterated that the government should act as a referee and set sensible rules without hindering progress in the industry.